byNordic Acquisition Co. (NASDAQ:BYNO) Shares Bought by Berkley W R Corp

Berkley W R Corp raised its holdings in byNordic Acquisition Co. (NASDAQ:BYNO) by 832.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 405,461 shares of the company’s stock after acquiring an additional 361,957 shares during the period. Berkley W R Corp’s holdings in byNordic Acquisition were worth $4,499,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Wolverine Asset Management LLC boosted its position in shares of byNordic Acquisition by 16.9% during the 4th quarter. Wolverine Asset Management LLC now owns 159,796 shares of the company’s stock worth $1,750,000 after purchasing an additional 23,109 shares during the period. Atalaya Capital Management LP purchased a new position in shares of byNordic Acquisition during the 4th quarter worth approximately $1,001,000. Finally, Robinson Capital Management LLC purchased a new position in shares of byNordic Acquisition during the 1st quarter worth approximately $241,000. Institutional investors and hedge funds own 32.91% of the company’s stock.

byNordic Acquisition Stock Performance

Shares of NASDAQ:BYNO remained flat at $11.35 during mid-day trading on Monday. 292 shares of the company were exchanged, compared to its average volume of 27,867. The company has a 50-day moving average price of $11.27 and a 200-day moving average price of $11.14. byNordic Acquisition Co. has a 1 year low of $10.59 and a 1 year high of $12.12.

byNordic Acquisition Profile

byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.